See Chart For Analysis and zones on interest for buys and shorts.
See Chart For Analysis. I like the area for buys on lower timeframe but i first need to see confirmation.
See Picture For More detail. 2 Options) 1) Wait for price to enter HTF 1hr supply and wait for new 5min/1min confirmation sell shorts. 2) 1Timeframe Long setup. Big con here is price is not inside HTF 4hr or daily demand. Yes, Price is inside weekly but I can see price go lower into demand. This area can also be used as the HTF and wait for new lower timeframe...
NZDCAD Short Watchlist: Higher timeframe: -Price sitting inside HTF weekly/monthly supply. -Trend = uptrend so any shorts will be counter trend. -smaller risk Lower Timeframe: -Waiting for 4hr upward ML to be broken -Waiting for opposing 4hr pivot point demand zones to be removed
Higher Timeframe: -Price inside higher timeframe demand (daily) -Trend = uptrend Lower Timeframe: -Price broke downward trend line -Price removed opposing areas of supply -DBR created -AUD/DXY futures correlation. -Waiting for price to pullback into 1hr demand.
-price inside pivot point 4hr demand -Price above 200MA -looking fro buys -a lot of retail traders have this area on the chart so I would be a little concerned about that and could see price go below. + price has been going nowhere but up for 45 days so a pullback is healthy. -Need to see lower timeframe confirmation.
Higher timeframe analysis: -Price inside weekly RBR demand -Price very near 200MA + above it. -Looking for longs Lower timeframe analysis: -Pirce broke downward ML (trend lines) -Price removed opposing supply pivot point areas of supply -New HH/HL demand zones being created -Looking at potential small risk with SL below the lowest level. Let me know your thoughts.
1) Price reacting off of restance 2) price reacting off of supply / break-out zone 3) price breaking through top of BB 4) stochastic RSI overbought 5) trend sideways/ down Overall: short will come in on the 4hr timeframe once price starts breaking upward trend-lines + removing opposing 4hr pivot point demand zones.
When traders ask "what was your light-bulb moment in trading", I often say 2 things: 1) stop worrying about what other traders are doing and focus on yourself making sure you are consistent with the trading strategy as that's how you will get consistent results. 2) understanding multiple timeframe analysis. Once I started focusing on myself and was consistent...
I know absolutely nothing about this stock but how I would play this chart is the following... 1) I would have a $1000 account and buy as much stock as I can at $1.20 and hold till stock is bankrupt with a TP of +40%. Every time price comes back down into $1.20 area I would buy and play my TP + 40%. Once I've doubled my account, I would pull my initial $1000...
See Picture For Analysis: -Price reacting off of demand + support + a strong USD dollar for 2022. -Waiting for evidence of buyers to step-in.
See Chart For Analysis. Higher Timeframe: -Price inside weekly demand -Trend = uptrend -Looking for longs Lower Timeframe: -4hr over-extended market broke 3x DBD in a row. -Price making HH/HL on 4hr timeframe. -Price shows both ML break + opposing zones removed + quality zones Options: 1) buy inside 4hr demand 2) look for 5min/15min buys with confirmation once...
Impulse moves downside -5x impulse waves to the downside -Average move impulse move to the downside is 12.5% Correction moves upside -4x completed moves -Average move is 11.5% Price has currently moved 13% since the bottom of the year. We can use this information to time when the next move will happen with what I mentioned above + confirmation and multiple...
Higher Timeframe: -Price inside HTF weekly demand -Look for buys Lower Timeframe: -4hr timeframe overextended with 6x DBD in a row. -Wait for aggressive downward trend line break + strong quality zone to be created -looking to either buy the demand is price pulls back or use as my highertimeframe and then look for new lowertimeframe confirmation.
Look at chart for analysis. Waiting for price to enter 4hr DBR demand zone then looking for buys
See Chart For Top-Down Analysis Ideas. -Price inside motnhly area of demand -Daily downtrend trend lines broken -4hr downward channel broken -Price above 4hr 200ma -Opposing pivot point area of supply removed -Some traders will look to take the first demand area as a continuation of trading with the trend while others will wait for new lower timeframe 5min buy...
-Price high on the sideways range that's been respected 10x -Day trades long on smaller timeframes is still valid. -before swing trading I'm waiting for price to start breaking upward trend lines + removing opposing pivot point demand zones (HH/HL) Let me know your thoughts...
see picture for analysis. Option 1) Waiting for price to enter daily demand and wait for 30min/1hr conf buy setups. OR Option 2) Looking for buys now with following the 4hr trend and entering trades on 15min/30min/1hr.